you are saving money to buy a car. if you save $290 per month starting one month from now at an interest rate of 12%, how much will you able to spend on the car after saving for 5 years

You want to buy a $13,000.00 car. You can make a 10% down payment, and will finance the balance with a 3% interest rate for 36 months (3 years). What will your monthly payment be? My monthly payment will be $______

Suppose you would like to purchase a new mustang GT. The sticker price of the mustang you want is $40000. The dealer is able to give you an APR of 4% for 5 years. How much will your monthly payments be?How much will you have paid in interest once the loan is paid off?

You found the perfect car but costs $30,000. How much is your monthly payments if your bank charges 2 5% interest for 5 years?

You need to have $18,000 to pay for your car in 7 years. How much do you need to deposit today in a bank that pays 5% interest, compounded annually, in order to achieve your goal?

Suppose you want to save up for a down payment on a house in 5 years. You plan to save $1,000 per month in a savings account. The savings account offers an annual interest rate of 6%. a) If the payments are made at the end of each month, how much money will you have at the end of 5 years? b) If the payments are made at the beginning of each month, how much money will you have at the end of 5 years?

4. Use the present value of an annuity formula to find the maximum car loan that you can afford if you can afford to pay $250 per month, the interest rate is 3%, and you want to have it paid off in 4 years? Assume monthly payments. Write out the formula first to show your work.